Skydance-owned Paramount is again extending the tender offer window in its $77.9 billion hostile takeover bid for Warner Bros.
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Angie Nixon announces candidacy for US Senate in Florida’s special mid-term election for Rubio’s old seat Read full article: State Rep. Angie Nixon announces candidacy for US Senate in Florida’s special mid-term election for Rubio’s old seatFILE - The Warner Bros. water tower is seen at Warner Bros. Studios in Burbank, Calif., Friday, Dec. 5, 2025. Warner stockholders now have until Feb. 20 to sell their shares to Paramount for $30 apiece in cash — a price that remains unchanged, giving the offer a total enterprise value of over $108 billion including debt. It marks the second extension the company has made since challenging Warner’sAs of late Wednesday, Paramount said that more than 168.5 million Warner shares had been tendered in support of its offer. But that's still far below the 50% mark it would need to effectively gain control of Warner — which has about 2.48 billion shares outstanding in series A common stock today. In an escalation of its hostile bid, Paramount has also promised a proxy fight. Earlier this month, the company announced plans toto Warner’s board before the next shareholder meeting. And on Thursday, Paramount filed preliminary materials to solicit proxies in opposition to the Netflix merger.it struck with Netflix, which in December agreed to buy the company’s studio and streaming business for $72 billion — now inthat it says will simplify the transaction and speed up the path to a shareholder vote by April. Including debt, the enterprise value of that deal is about $83 billion, or $27.75 per share. But Paramount has continued to argue its offer is superior. On Thursday, the company accused Warner's board of “rushing to solicit shareholder approval” for the Netflix merger, which it said could lead to a lower payout for shareholders if debt spanning from a previously-announced spinoff of Warner's networks business makes its way to studio and streaming operations.want different things . Netflix’s proposed acquisition includes only Warner’s studio and streaming business, including its legacy TV and movie production arms and platforms like HBO Max. But Paramount’s bid is for the entire company — which, beyond studio and streaming, includes its news and cable operations. That would If Netflix is successful, Warner’s current networks would be spun off into their own company called Discovery Global, under a Regardless of who wins the upper hand, a Warner Bros. Discovery sale could be a long, drawn-out process — likely attractingShares of Warner Bros. Discovery and Netflix both fell slightly after the opening bell Thursday. Meanwhile, Paramount-Skydance inched up more than 1%. Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Nassau County builder says impact fee rate hike will worsen affordability, increase home pricesJTA lays out 25-year plan for public transportation in JacksonvilleEducation commissioner slams Clay County School Board member for no-show to address racial remarksJacksonville mom’s faith, family support fuel fight to walk again after accidentSt. Johns County recorded zero criminal homicides in 2025Another chilly start across Northeast Florida, Southeast GeorgiaFlorida bills aim to regulate mobile home rent hikesDeputy recovering after shootout with man accused of killing his father in Baker CountyChief Meteorologist Richard Nunn says our frigid, frosty forecast isn't over yet
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Netflix Revises Warner Bros. Deal To $83 Billion All-Cash Offer To Fend Off ParamountNetflix said the updated offer will provide greater certainty to Warner Bros. Discovery’s shareholders, who are set to vote on the deal in April.
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Netflix revises its offer for Warner Bros. Discovery to make it an all-cash transactionThe streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
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Netflix amends Warner Bros Discovery deal to all-cash offerNetflix sweetened its deal to buy Warner Bros. Discovery's studios and HBO streaming business to an all-cash offer, the companies said Tuesday.
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Netflix Sweetens Warner Bros. Discovery Bid with All-Cash Offer Amid Paramount Skydance Takeover BattleNetflix revises its offer for Warner Bros. Discovery, converting the deal to an all-cash transaction to strengthen its position against Paramount Skydance's hostile takeover attempt. The original deal was worth $82.7 billion with cash and stock. The revised offer maintains the per-share value of $27.75 and speeds up the shareholder vote.
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Paramount extends $77.9B hostile takeover bid for Warner Bros. DiscoverySkydance-owned Paramount is again extending the tender offer window in its $77.9 billion hostile takeover bid for Warner Bros. Discovery, while doubling down on a coming proxy fight. Warner stockholders now have until February 20 to sell shares for $30 each.
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